Greece: Market for Manicure Or Pedicure Preparations 2024

Market Size for Manicure Or Pedicure Preparations in Greece

The Greek manicure or pedicure preparations market dropped slightly to $X in 2022, with a decrease of -2.4% against the previous year. The market value increased at an average annual rate of +2.6% from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Production of Manicure Or Pedicure Preparations in Greece

In value terms, manicure or pedicure preparations production soared to $X in 2022 estimated in export price. Overall, production recorded resilient growth. The pace of growth was the most pronounced in 2013 with an increase of 125%. Manicure or pedicure preparations production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exports of Manicure Or Pedicure Preparations

Exports from Greece

In 2022, the amount of manicure or pedicure preparations exported from Greece expanded rapidly to X tons, with an increase of 14% on 2021 figures. Over the period under review, total exports indicated a notable expansion from 2012 to 2022: its volume increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +42.2% against 2019 indices. The pace of growth was the most pronounced in 2016 when exports increased by 66% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, manicure or pedicure preparations exports rose remarkably to $X in 2022. Overall, total exports indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +9.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +55.1% against 2019 indices. The pace of growth appeared the most rapid in 2013 with an increase of 59% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in the immediate term.

Exports by Country

Poland (X tons), Spain (X tons) and Bosnia and Herzegovina (X tons) were the main destinations of manicure or pedicure preparations exports from Greece, with a combined 52% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Bosnia and Herzegovina (with a CAGR of +60.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Spain ($X) and Cyprus ($X) were the largest markets for manicure or pedicure preparations exported from Greece worldwide, with a combined 41% share of total exports. Germany, France, Italy, Belgium, Hungary, Bosnia and Herzegovina, Switzerland, Romania, Sweden and Serbia lagged somewhat behind, together comprising a further 37%.

Bosnia and Herzegovina, with a CAGR of +72.9%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average manicure or pedicure preparations export price amounted to $X per ton, shrinking by -3.4% against the previous year. Over the last decade, it increased at an average annual rate of +4.6%. The pace of growth was the most pronounced in 2013 when the average export price increased by 37%. Over the period under review, the average export prices attained the maximum at $X per ton in 2021, and then declined slightly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Bosnia and Herzegovina ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+24.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Manicure Or Pedicure Preparations

Imports into Greece

In 2022, supplies from abroad of manicure or pedicure preparations was finally on the rise to reach X tons after two years of decline. Overall, imports, however, continue to indicate a pronounced downturn. The growth pace was the most rapid in 2013 with an increase of 42%. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, manicure or pedicure preparations imports fell slightly to $X in 2022. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 32% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), France (X tons) and Germany (X tons) were the main suppliers of manicure or pedicure preparations imports to Greece, with a combined 65% share of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +17.0%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, China ($X), Germany ($X) and Poland ($X) were the largest manicure or pedicure preparations suppliers to Greece, together accounting for 58% of total imports.

In terms of the main suppliers, China, with a CAGR of +29.4%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average manicure or pedicure preparations import price stood at $X per ton in 2022, declining by -9.7% against the previous year. Overall, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, manicure or pedicure preparations import price increased by +55.7% against 2017 indices. The growth pace was the most rapid in 2014 when the average import price increased by 45%. The import price peaked at $X per ton in 2021, and then shrank in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+11.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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